Briefly state the pros and cons of Partnership
Briefly state the pros and cons of Partnership?
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Easy to organize; greater specialization of management; and greater financial resources.
Financial resources are still limited; unlimited liability; possibility of disagreement among the partners; and precarious continuity.
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Explain the statements: The market system provides such a variety of desired goods and services precisely.
How will the goods and services be produced?
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Briefly state the pros and cons of Corporation?
In Wealth of Nations by Adam Smith, opined that the productivity of labor based primarily on: (w) workers’ education. (x) divisions of labor. (y) technologically advanced machines. (z) suitable wage rates. Q : Illustrate the complex cases when both Illustrate the complex cases when both supply and demand shift?
Illustrate the complex cases when both supply and demand shift?
Which of the given is a quality of an oligopolistic market structure? w) There are only some dominant sellers. x) every firm sells a unique product. y) this is easy for new firms to enter the industry. z) Each firm require not react to the actions of
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